Acquisition of Intermagnetics srl

Intermagnetics, established in 2006, designs and produces low voltage transformers and reactors for industrial applications in compliance with all safety, quality, environmental and customer technical specifications.

TMC Transformers, a leading manufacturer of medium and low voltage dry type transformers and reactors for special applications, such as drives, railway rolling stock, offshore, mining, renewable energy and oil & gas, want to reinforce their presence in the business of the low voltage transformers and reactors.

This acquisition represents a strategic investment which shall enable TMC to expand its special transformers portfolio and complete the offering; in addition to the know-how and to the different products acquired from Intermagnetics that will bring strong advantages to the company and their customers.

The acquisition of Intermagnetics follows those of Marnate Trasformatori, RITZ and the opening of the new plant of TMC Low Voltage in Fabro (TR) -Italy.